Air and Travel NEWS

Forward Air adopts Rule 10b5-1 plan

Forward Air Corporation (NASDAQ: FWRD) said it has adopted a Rule 10b5-1 plan for the purpose of repurchasing approximately 1.1 million shares of its common stock. The plan has been established in connection … Continue reading “Forward Air adopts Rule 10b5-1 plan”


Intrepid names new executive vice president operations, aircraft programs

Intrepid Aviation said it has promoted Daniel Perez to Executive Vice President Operations and Aircraft Programs, reporting directly to Franklin Pray, Intrepid Aviation´s Chief Executive Officer. Perez initially joined Intrepid Aviation as Vice … Continue reading “Intrepid names new executive vice president operations, aircraft programs”


Horizon Air Charter launches consultation services

Horizon Air Charter said it has launched its US-based operations to provide private global aircraft charters, the industry´s first monthly “Flight Equity” jet card (flyNEXT), a unique Corporate Cashback flight program (flyCORP), and … Continue reading “Horizon Air Charter launches consultation services”


FLY Leasing net loss widens YoY

FLY Leasing Limited (NYSE: FLY) said it is reporting a net loss of USD58.3 million or USD1.42 per diluted share for the second quarter of 2015. This compares to net income of USD21.7 … Continue reading “FLY Leasing net loss widens YoY”


Praxair Q2 2015 results challenged by negative impacts

Praxair, Inc. (NYSE:PX) reported second-quarter net income and diluted earnings per share of USD308 million and USD1.06, respectively. These results include the impact of a USD146 million pre-tax charge, or USD0.39 of diluted … Continue reading “Praxair Q2 2015 results challenged by negative impacts”


Sparton, Ultra Electronics USSI joint venture designated 'Superior' by Navy

Sparton Corporation (NYSE:SPA) and Ultra Electronics Holdings plc (ULE) said that their ERAPSCO joint venture has been recognized by the US Navy as a Tier 1 superior supplier. This honor is awarded to … Continue reading “Sparton, Ultra Electronics USSI joint venture designated 'Superior' by Navy”


Ducommun completes redemption of outstanding 9.75 percent senior notes due 2018

Ducommun Incorporated (NYSE: DCO) said it has completed the previously announced redemption of all amounts outstanding under its USD200 million aggregate principal amount of 9.75 percent senior unsecured notes due 2018. The notes … Continue reading “Ducommun completes redemption of outstanding 9.75 percent senior notes due 2018”


New DataPath office supports Army programs at Aberdeen

DataPath, Inc. said it has opened a new office at Aberdeen Proving Ground (APG), Maryland. The facility will provide support for the Army programs located at APG as well as the company´s field … Continue reading “New DataPath office supports Army programs at Aberdeen”


Telefonix names director of business development, aerospace division

Telefonix, Inc. said it has hired Alan Manns for its executive team as the company´s director of business development, aerospace division. He brings 20 years of expertise in the launch and growth of … Continue reading “Telefonix names director of business development, aerospace division”


Butler National gets FAA approval of AHC-3000A retrofit

Butler National Corporation (OTC Pink: BUKS) subsidiary Avcon Industries, Inc said it has received Federal Aviation Administration approval of the installation of the Rockwell Collins AHC-3000A Attitude Heading Reference System into the Learjet … Continue reading “Butler National gets FAA approval of AHC-3000A retrofit”


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